The Community Fund

The Community Fund is different from other investment funds.

The Community Fund receives money when members designate contributions as their legacy when they pass on. Each contribution is immediately converted into credits that are allocated proportionately to all living members.

The money contributed to the Community Fund is used to purchase liquid and marketable investments, which grow over time by the return on those investments. As these investments grow, so does the value of your Community Fund credits.

You earn credits in your CLIP Account which represent your share of the money in the Community Fund. You earn credits simply by being a member of the Community. You do not make any contribution to the Community Fund until after your death.

The Community Fund differs from other funds in a few ways:

• The Community Fund exists only within CLIP and is not available in the open market.
• The Community Fund grows due to the contributions of other members and not your own contributions.
• You cannot buy or sell credits in the Community Fund. You can only earn credits by being a member of CLIP and can only use credits to receive retirement income.